Income Tax Rebate Under Section 87A

Income Tax Rebate Under Section 87A

A tax rebate serves as financial relief for individual taxpayers, particularly those in lower income brackets, by reducing their tax burden when their income remains below a specified threshold. Budget 2025 Update For the financial year 2025-26, the rebate available under the new tax regime has been raised to Rs. 60,000. This rebate is applicable […]

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